Signature page follows.] Schedule A to Expense Limitation Agreement

Exhibit (h)(2)(ii)

SCHEDULE A

Revised as of March 5, 2015

Portfolios

Portfolio Name

Expense Limit

Expense Limitation Expiration Date

Recoupment Period Expiration Date

AllianzGI Global Small-Cap Opportunities Portfolio

1.20

%

3/31/16

11/30/19

AllianzGI U.S. Unconstrained Equity Portfolio

1.00

%

3/31/16

11/30/19

[Signature page follows.]

Schedule A to Expense Limitation Agreement

IN WITNESS WHEREOF, the Trust and the Manager have each caused this Schedule A to the Expense Limitation Agreement to be signed on its behalf by its duly authorized representative, as of the date first above written.

ALLIANZGI INSTITUTIONAL MULTI-SERIES TRUST
By:		/s/ Xxxxxx Xxxxxxxx
Name:		Xxxxxx Xxxxxxxx
Title:		President
ALLIANZ GLOBAL INVESTORS FUND MANAGEMENT LLC
By:		/s/ Xxxxxx Xxxxxxxx
Name:		Xxxxxx Xxxxxxxx
Title:		Managing Director

Signature Page to Schedule A of Expense Limitation Agreement